Futuríveis
quinta-feira, maio 26, 2005
Giant Caspian oil pipeline opens
...
Oil is set to flow from the Caspian Sea direct to the Mediterranean for the first time after a $3.6bn (£2bn) pipeline opened on Wednesday.
Starting in Azerbaijan, the 1,600km (1,000 mile) pipeline will pass through Georgia to the Turkish port of Ceyhan.
The project has taken more than 10 years to finish and will unlock one of the world's biggest energy reserves.
...
The BBC's Emma Simpson said from Baku that for energy-hungry countries such as the US the pipeline was a strategically important non-Russian, non-Middle Eastern source of oil.
The Caspian area produces a high-quality light crude, but has suffered in the past because of the difficulty of getting its oil to consumers in Europe, the US, China and Japan.
Until now, states in the region sent almost all of their oil via Russian pipelines.
The Caspian project is not without risk, however, as the pipeline runs through the volatile Caucasus and will require constant surveillance to prevent it from attack, our correspondent said.
Work on the pipeline was given fresh impetus in the late 1990s after BP made new oil discoveries in Azerbaijan and crude prices began to recover from historic lows.
Up to a million barrels a day will eventually be heading directly west, gushing underneath miles of rugged terrain.
...
BBC NEWS
Oil is set to flow from the Caspian Sea direct to the Mediterranean for the first time after a $3.6bn (£2bn) pipeline opened on Wednesday.
Starting in Azerbaijan, the 1,600km (1,000 mile) pipeline will pass through Georgia to the Turkish port of Ceyhan.
The project has taken more than 10 years to finish and will unlock one of the world's biggest energy reserves.
...
The BBC's Emma Simpson said from Baku that for energy-hungry countries such as the US the pipeline was a strategically important non-Russian, non-Middle Eastern source of oil.
The Caspian area produces a high-quality light crude, but has suffered in the past because of the difficulty of getting its oil to consumers in Europe, the US, China and Japan.
Until now, states in the region sent almost all of their oil via Russian pipelines.
The Caspian project is not without risk, however, as the pipeline runs through the volatile Caucasus and will require constant surveillance to prevent it from attack, our correspondent said.
Work on the pipeline was given fresh impetus in the late 1990s after BP made new oil discoveries in Azerbaijan and crude prices began to recover from historic lows.
Up to a million barrels a day will eventually be heading directly west, gushing underneath miles of rugged terrain.
...
BBC NEWS
posted by CMT, 11:52 da tarde
